Silver Price Update (with Chart) 28th Jan 2009

[stellaconcepts]

Silver is now moving sideways on the hourly candle - which is good - a consolidation period after a rise is healthy...

However if it drops below 11.80 which seems to be its support, then we could be in for a little bit of a bear rally....

[Brainman94]

Well I just bought $5000 worth of 10oz bars yesterday, so a bear rally now would be a bit annoying. However - I suppose better than waiting for a drop to $11.oo and supply drying up? I actually was thinking of getting a bit more today but I might take the risk and see if it drops over the next few days. (It would be good to know how much reserves the mint has.)

[fezz569]

GREAT VIDEO THANKS MATE

[Brainman94]

Thanks mate!

[Raycheetah]

Great vid! I'd find additional vids of this type useful! =^[.]^=

[btbking]

I hope it breaks the support line again and goes down for a while, would like to buy some more cheap silver before it goes higher.

Thanks for the video.